The company had depreciation expense of $24,000. Its net income for the year was $5,000 and its cash dividends were $4,000. The company issued $1,000 of common stock. They did not issue bonds payable or purchase its own common stock. The company paid $4,000 of the principal on the bonds payable.

1)The net cash provided by (used by) operating activities is

2)The net cash provided by (used by) financing activities is

Ending Balance Beginning Balance Assets Current assets: Cash and cash equivalents. Accounts receivable. Inventory... Total current assets. Property, plant, and equipment....... Less accumulated depreciation..... Net property, plant, and equipment ................ Total assets.. $ 40,000 19,000 67,000 126,000 358,000 156,000 202.000 $328,000 $ 33,000 21,000 69,000 123,000 339,000 132.000 207.000 $330.000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable Accrued liabilities...... Income taxes payable....... Total current liabilities ..... Bonds payable...... Total liabilities.... Stockholders' equity: Common stock.. Retained eamings.. Total stockholders' equity..... Total liabilities and stockholders' equity ......... $ 18,000 54,000 48.000 120,000 82.000 202,000 $ 19,000 59,000 42,000 120,000 86,000 206.000 23,000 103.000 126.000 $328,000 22.000 102.000 124.000 $330.000